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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (78699)	11/12/2000 10:59:06 AM
From: Second_Titan	Read Replies (1) \| Respond to of 95453

No disaster looming. cbs.marketwatch.com

To: Second_Titan who wrote (78699)	11/12/2000 12:40:23 PM
From: excardog	Respond to of 95453

007 The markets are looking for the next "internet investment" IMO. What better than companies whose earnings may very well explode in the coming years with a realization of oils eventual world wide depletion. I think we saw a little spark when it came to the alternative energy stocks this summer. Could you imagine OXY selling at a PE of 20 for example or VPI selling it's replacement reserves value of maybe $10 a barrel. Both triple their present levels. The market still sees $10 oil in our future, when she decides it won't be there we may all be singing a different tune. I agree some boom bust's may still be ahead of us but 10 years from now we may all look back at this unfolding story and wish we never sold a single share of anything "oily". Have a great day, and don't let this political craziness get you down. We will survive.